Traders bought shares of AT&T Inc. (NYSE:T) on weakness during trading hours on Friday. $282.84 million flowed into the stock on the tick-up and $163.53 million flowed out of the stock on the tick-down, for a money net flow of $119.31 million into the stock. Of all companies tracked, AT&T had the 2nd highest net in-flow for the day. AT&T traded down ($0.39) for the day and closed at $41.01

Several research analysts have commented on T shares. Zacks Investment Research upgraded shares of AT&T from a “hold” rating to a “buy” rating and set a $49.00 price objective for the company in a research report on Tuesday, July 5th. Jefferies Group restated a “buy” rating on shares of AT&T in a research report on Sunday, June 5th. Vetr downgraded shares of AT&T from a “buy” rating to a “hold” rating and set a $41.37 price objective for the company. in a research report on Tuesday, June 7th. Bank of America Corp. restated a “buy” rating on shares of AT&T in a research report on Thursday, May 19th. Finally, Barclays PLC restated an “overweight” rating and set a $42.00 price objective on shares of AT&T in a research report on Tuesday, June 28th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and sixteen have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $41.34.

The stock has a market capitalization of $252.29 billion and a PE ratio of 17.68. The company’s 50 day moving average is $42.76 and its 200-day moving average is $39.74.

AT&T (NYSE:T) last released its quarterly earnings data on Thursday, July 21st. The company reported $0.72 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.72. The firm earned $40.50 billion during the quarter, compared to analysts’ expectations of $40.75 billion. Equities research analysts forecast that AT&T Inc. will post $2.86 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, August 1st. Stockholders of record on Friday, July 8th were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date was Wednesday, July 6th.

In other news, CEO John T. Stankey sold 2,131 shares of AT&T stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $43.38, for a total transaction of $92,442.78. Following the sale, the chief executive officer now owns 13,583 shares of the company’s stock, valued at approximately $589,230.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Other large investors have bought and sold shares of the company. Barrett Asset Management LLC raised its stake in AT&T by 1.0% in the fourth quarter. Barrett Asset Management LLC now owns 134,634 shares of the company’s stock valued at $4,633,000 after buying an additional 1,271 shares during the last quarter. Boys Arnold & Co. Inc. raised its stake in AT&T by 54.3% in the fourth quarter. Boys Arnold & Co. Inc. now owns 281,971 shares of the company’s stock valued at $9,703,000 after buying an additional 99,204 shares during the last quarter. West Coast Financial LLC raised its stake in AT&T by 1.0% in the fourth quarter. West Coast Financial LLC now owns 88,446 shares of the company’s stock valued at $3,043,000 after buying an additional 918 shares during the last quarter. Keating Investment Counselors Inc. raised its stake in AT&T by 0.8% in the fourth quarter. Keating Investment Counselors Inc. now owns 50,731 shares of the company’s stock valued at $1,746,000 after buying an additional 425 shares during the last quarter. Finally, ProVise Management Group LLC raised its stake in AT&T by 7.5% in the fourth quarter. ProVise Management Group LLC now owns 68,700 shares of the company’s stock valued at $2,364,000 after buying an additional 4,800 shares during the last quarter.

AT&T Inc is a holding company. The Company offers communications and digital entertainment services in the United States and the world. It operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility and International. The Business Solutions segment includes various categories, including wireless service, fixed strategic services, legacy voice and data services, other services and wireless equipment.

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